Breakthrough Energy Catalyst Foundation

Analysis

Breakthrough Energy Catalyst Foundation is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Breakthrough Energy Catalyst Foundation reported income of $8.2m and spending of $53.1m, spending 647% of what it took in. Across the 4 years on record, from June 2021 to December 2023, income fell from $65.0m to $8.2m (-87%), an average of -50% a year. The sharpest change came in the year to December 2022, when income rose by 939%. Over the whole period it spent 13% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Breakthrough Energy Catalyst Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Goodpower Education Fund Inc ($8.2m), Oklahoma Centennial Botanical Garden Inc ($8.2m) and Biodiversity ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $408.1m against liabilities of $1.4m, net assets of $406.7m.